| Added on: | 2010/03/12 |
|---|---|
| Location | |
| Region: | Budva, Montenegro |
| Parameters | |
| Type: | other |
| Area: | 200 m² |
| Transaction | |
| Category: | residential |
| Offer: | for sale |
| Price: | € 99 000 |
| Contact the Owner | |
| Contact | |
| Agent: | Danica |
| Company: | Invest Montenegro |
| Phone: | +38233455642 |
| http://www.investmontenegro.com | |
The property comprises three old stone ruins with footprints of 50, 40 and 36 square meters respectively. Permission exists to rebuild the ruins to their formerly glory over three levels, providing a total build density of 378 square meters.
The ruins are bordered by a public access road to the north west side of the site, with water and electricity located beside the site. A concept design exists for the site offering the potential to rebuild as a single large exclusive villa or as a botique apartment development. A very impressive neighbouring property demonstrates the exceptional potential for a rebuild and return on investment.